CNBC Daily Open: Upbeat sentiment over U.S. growth
Publishing timestamp: 2024-02-27 02:30:01
Summary
Asia-Pacific markets were mixed, with some indices falling and others rising. Zoom's shares surged after beating estimates, JPMorgan CEO is optimistic about AI, Singapore is using "concert economics" for growth, Super Micro Computer is seen as a hotter AI stock than Nvidia. Analysts are increasingly positive about the U.S. economy, with forecasts being revised upwards. Bank of America's survey shows a decline in recession fears and an uptick in bullish sentiment. Investors are adjusting their expectations for rate cuts by the Fed. Markets are awaiting key data releases for further insight into the economy and inflation.
Sentiment: MIXED
Tickers: .HSI, .DJI, BTC.CB=, SMCI, US10Y, .IXIC, .N225, .SPX, MCO, SPGI, ZM,
Keywords: prices, u.s. 10 year treasury, china, nikkei 225 index, nasdaq composite, s&p global inc, markets, japan, super micro computer inc, united states, jamie dimon, bitcoin/usd coinbase, zoom video communications inc, world markets, business news, moody's corp, s&p 500 index, economic events, dow jones industrial average,
Source: https://www.cnbc.com/2024/02/27/cnbc-daily-open-upbeat-sentiment-over-us-growth.html